Bank of New York Stock Technical Analysis

BK
 Stock
  

USD 41.88  0.17  0.41%   

As of the 1st of July, Bank of New York shows the mean deviation of 1.53, and Risk Adjusted Performance of (0.24). Bank of New York technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect data for nineteen technical drivers for Bank Of New, which can be compared to its rivals. Please confirm Bank of New York maximum drawdown, and the relationship between the information ratio and downside variance to decide if Bank of New York is priced correctly, providing market reflects its regular price of 41.88 per share. Given that Bank of New York has jensen alpha of (0.11), we suggest you to validate Bank Of New's prevailing market performance to make sure the company can sustain itself at a future point.
  
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Bank of New York Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bank of New York, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Bank of New York
Bank of New York's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Bank of New York Analyst Consensus

Target PriceAdvice# of Analysts
65.5Hold11Odds
Bank Of New current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Bank of New York analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Bank of New York stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bank of New York, talking to its executives and customers, or listening to Bank of New York conference calls.
Bank of New York Analyst Advice Details
Bank of New York technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Bank of New York technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bank of New York trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Bank of New York Technical Analysis

Indicator
Time Period
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The output start index for this execution was sixty with a total number of output elements of one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Bank of New York volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Bank of New York Trend Analysis

Use this graph to draw trend lines for Bank Of New. You can use it to identify possible trend reversals for Bank of New York as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Bank of New York price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Bank of New York Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bank Of New applied against its price change over selected period. The best fit line has a slop of   -0.07  , which may indicate that the price for Bank Of New will continue to decline. It has 122 observation points and a regression sum of squares at 179.2, which is the sum of squared deviations for the predicted Bank of New York price change compared to its average price change.

About Bank of New York Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Bank Of New on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Bank Of New based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bank of New York stock first instead of the macroeconomic environment surrounding Bank of New York. By analyzing Bank of New York's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Bank of New York's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Bank of New York specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
PPandE Turnover7.634.684.594.72
Calculated Tax Rate20.0518.8518.8723.58

Bank of New York July 1, 2022 Technical Indicators

Most technical analysis of Bank of New York help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Bank of New York from various momentum indicators to cycle indicators. When you analyze Bank of New York charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Bank of New York July 1, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Bank of New York stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Trending Equities. Note that the Bank of New York information on this page should be used as a complementary analysis to other Bank of New York's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Bank of New York Stock analysis

When running Bank of New York price analysis, check to measure Bank of New York's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of New York is operating at the current time. Most of Bank of New York's value examination focuses on studying past and present price action to predict the probability of Bank of New York's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bank of New York's price. Additionally, you may evaluate how the addition of Bank of New York to your portfolios can decrease your overall portfolio volatility.
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Is Bank of New York's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of New York. If investors know Bank of New York will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of New York listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.11
Market Capitalization
34.3 B
Quarterly Revenue Growth YOY
-0.02
Return On Assets
0.0077
Return On Equity
0.0823
The market value of Bank of New York is measured differently than its book value, which is the value of Bank of New York that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of New York's value that differs from its market value or its book value, called intrinsic value, which is Bank of New York's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of New York's market value can be influenced by many factors that don't directly affect Bank of New York's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of New York's value and its price as these two are different measures arrived at by different means. Investors typically determine Bank of New York value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of New York's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.